
DRI busts luxury car smuggling racket
New Delhi: The Directorate of Revenue Intelligence busted a luxury car smuggling racket in Gurugram that had caused a duty evasion of more than INR 25 crore by smuggling 20 vehicles into India in the name of diplomats and diverting the same to private persons.
Three people including the CEO of the luxury car dealership named Big Boys Toyz were arrested by the Directorate of Revenue Intelligence, said a media release.
According to the release, “Operation Monte Carlo” was launched after DRI received information that a group of individuals was smuggling high-end luxury cars into India under the guise of diplomats and diverting them to private individuals, evading a significant amount of customs duty.
Related Posts
Fake mineral water floods city market
With summer round the corner, it's soon going to be business time for the water...
The notorious industry: comparing foreign vs. local tobacco brands on the Arab street
One of the most prolific industries currently operating in the Middle East and...
Real or Fake? Consumers Can Now Tell
Belgian label producer Reynders has teamed up with ScanTrust, based in Lausanne,...
Black Country cigarette smuggler jailed for three years
Gulan Shaikh, aged 64, of Essington Road, Willenhall, was spotted using a mobile...